Secretary Blinken to Travel to Denver, Colorado to Attend the Cities Summit of the Americas
Secretary of State Antony J. Blinken will travel to Denver, Colorado, April 27-28 to attend the first Cities Summit of the Americas. In Denver, Secretary Blinken will meet with local…
Federal Deposit Insurance Corporation and Consumer Financial Protection Bureau Order Discover to Pay $200 Million Consumer Refund for Deceptive Marketing
WASHINGTON, D.C. – Today, the Federal Deposit Insurance Corporation (FDIC) and the Consumer Financial Protection Bureau (CFPB) announced a joint public enforcement action with an order requiring Discover Bank to…
Consumer Financial Protection Bureau Study Finds Credit Scores Used by Consumers and Lenders Can Differ
One Out of Five Consumers Likely to Receive Meaningfully Different Score Than Creditor WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) released a study comparing credit scores sold to…
Fair Debt Collection Practices Act (FDCPA) examination procedures
Summary The Fair Debt Collection Practices Act (FDCPA), which became effective March 20, 1978, is the main federal law that governs debt collection practices. The FDCPA prohibits debt collection companies…
Secretary Antony J. Blinken And Turkmenistan Foreign Minister Rashid Meredov Before Their Meeting
SECRETARY BLINKEN: Well, good afternoon, everyone. It’s a pleasure to be here with Foreign Minister Meredov. Rashid and I were together just about two months ago — FOREIGN MINISTER MEREDOV:…
CFPB Orders American Express to Pay $85 Million Refund to Consumers Harmed by Illegal Credit Card Practices
Federal Regulators Fine American Express an Additional $27.5 Million WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today announced an enforcement action with orders requiring three American Express subsidiaries…
Assistant Secretary Stewart Travels to New Mexico
From April 24-27, 2023, Assistant Secretary for Arms Control, Verification and Compliance, Mallory Stewart, will travel to Albuquerque, New Mexico. On April 25, she will participate in discussions with members…
Fair Credit Reporting Act (FCRA) examination procedures
Summary The Fair Credit Reporting Act (FCRA) became effective on April 25, 1971. The FCRA is a part of a group of acts contained in the Federal Consumer Credit Protection…
FTC Extends Effective Date of Horseracing Integrity and Safety Authority’s Anti-Doping and Medication Control Rule to May 22
The Federal Trade Commission has issued a final rule that extends the effective date for the Horseracing Integrity and Safety Authority’s Anti-Doping and Medication Control Rule until May 22, 2023.…
Truth in Savings Act (TISA) examination procedures
Summary Regulation DD (12 CFR Part 1030), which implements the Truth in Savings Act (TISA), became effective in June 1993. An official staff commentary interprets the requirements of Regulation DD…